BTC Big Fund Holding Weekly Report (7.23-8.3 ETF, Government, Companies, etc.)

US ETF Holdings Overview (7.23-8.3)

The US Bitcoin spot ETF had a net outflow of -643 million USD last week, marking the first net outflow (7.21-7.27 was 72.3 million), ending the continuous seven-week net inflow trend.

Single-day maximum inflow: July 28, with a net inflow of 157 million USD

Single-day maximum outflow: August 1, with a net outflow of 812 million USD

The ETF currently holds 1,320,800 BTC, accounting for approximately 6.28% of the total Bitcoin supply.

Data source: sosovalue/farside investors

Bitcoin Holdings by Governments (7.23-8.3)

Global governments hold approximately 527,053 BTC, which is about 2.51% of the total Bitcoin supply. Government holdings generally have low operational frequency. Last week, the Salvadoran government increased its holdings by 7 BTC, and the US government increased its holdings by 10 BTC (the last change in US government holdings was on March 28).

Data source: nansen / arkham

Bitcoin Holdings by Major Companies (7.28-8.3)

Global corporate entities, including public companies and private enterprises, hold 1,247,990 BTC (excluding exchanges), which is about 5.94% of the total Bitcoin supply. Last week, they added a total of 32,245 BTC (62,624 BTC two weeks ago). There were no instances of selling, mainly driven by MicroStrategy and XXI's additions.

Data source: arkham/nansen

Ethereum Spot ETF Had a Net Inflow of 154 Million USD in the Previous Week, Maintaining a Continuous 12-Week Net Inflow

According to SoSoValue data, during the previous week's trading days (Eastern Time from July 27 to August 1), the Ethereum spot ETF had a net inflow of 154 million USD for the week. On August 1, there was a single-day net outflow of 152 million USD. The Ethereum spot ETF with the highest weekly net inflow was the BlackRock ETF ETHA, with a weekly net inflow of 394 million USD. The historical total net inflow of ETHA has reached 9.74 billion USD.

Pudgy Penguins CEO: The Team Has Participated in US Cryptocurrency Legislation, Pengu ETF Will Cover Tokens and NFTs

On July 31, Luca Netz, CEO of Pudgy Penguins, stated that the Pudgy Penguins team and Abstract have officially participated as government advisors in US cryptocurrency legislation and have submitted relevant proposals multiple times in Washington D.C. The team has now submitted an application for the $PENGU ETF, which will cover the $PENGU token and NFTs.

UK Regulators Lift Ban on Retail Investors' Access to Crypto ETNs

On August 1, after the ban on retail customers accessing crypto ETNs and derivatives in 2021, the FCA changed its strategy and began supporting retail customers' access to ETNs.

Summary

Last week, the Bitcoin spot ETF ended its seven-week net inflow trend, with a weekly net outflow exceeding 643 million USD, causing the price to fall below 112,000 USD; in terms of government holdings, El Salvador continued its daily increases, while the US government increased its holdings by 10 BTC (the last change was on March 28); in the company sector, MicroStrategy increased its holdings by 21,021 BTC, XXI increased its holdings by 6,284 BTC, and other companies purchased a total of 4,477 BTC.

The Ethereum spot ETF had a net outflow of 153 million USD on August 1, but still maintained a weekly net inflow of 154 million USD. After the price fell below 3,400 USD, it rebounded, showing a weekly-level adjustment, and market sentiment returned from greed to neutral. Last week was a macro policy week. The Federal Reserve kept interest rates unchanged, but Powell's speech leaned hawkish. The next day, non-farm data was below expectations, and the non-farm data for May and June was revised by over 90%, causing short-term market panic. After the non-farm data revision, traders bet on a more than 78% probability of rate cuts in September, leading to market recovery. This week, no important macroeconomic data will be released. Pay attention to the tariff adjustment on August 7. Market sentiment has been temporarily eased due to increased chances of rate cuts. This week, focus on the 3,700 resistance level for ETH and whether BTC can return to 117,000.

Author: Sakura, ChainThink

Editor: Aaron, ChainThink